Monthly Closings

September 2026 Month-End Closing Schedule Adjustment

To support NTID's fiscal year-end close on September 30, 2026, September will remain open in Workday longer than a typical month to allow NTID staff sufficient time to complete their fiscal year-end accounting activities and ensure their financial records are accurate and complete.

As a result, the September month-end close process will follow the schedule below:

• September close begins: October 7, 2026
  • Day 1 Accounts Payable, Procurement including Pcard verifications will close
  • Day 2 Payroll, Journals (i.e. manual, chargebacks) and Accounting Adjustments (i.e. payroll accounting adjustments, adjustments to paid supplier invoices) will close
  • Day 3 all other areas will close (Accounts Receivable, Assets, Investments Pool, Banking)
• September close completed: End of day October 12, 2026
  • Day 4 Allocations are run, and final close entries are processed by the Accounting Operations and Financial Reporting teams
• Final September financial reports available to departments: October 13, 2026

During this extended closing period, departments may continue processing transactions using October accounting dates. October activity can be entered and approved as usual while September is being finalized.

What This Means for Departments

• September transactions should be submitted and approved as promptly as possible to ensure they are included in September financial reporting.
• October transactions may be processed using October dates and do not need to wait until the September close is completed.
• Financial reports for September may continue to change through October 12 as final adjustments are processed.
• Departments should wait until October 13 to rely on September reports for final month-end balances and analysis.
• Payroll accruals and Procurement accruals will be processed similarly to June 30 year-end and will reverse in October.

The following schedule will help you to prepare for each month-end general ledger closing. If you require assistance as you request and print monthly statements and detail reports, or have questions regarding the closing, please contact the RIT Service Center (585-475-5000).

Read-only access to legacy data in Oracle eBiz (prior to January 1, 2026) is available at https://mybiz.rit.edu/. Please note that a VPN connection is required when accessing the system from off campus.